Auto Industry News

China Set To Sell 1.7 million NEVs Between Jan-Aug, Nearly Tripling On-Year
NEV makers such as Nio Inc, BYD and Tesla Inc are expanding manufacturing capacity in China, encouraged by the government's promotion of greener vehicles to cut pollution.

Fuel Prices Reduced By Up To 15 Paise; Petrol Retails At Rs. 98.96/Litre In Chennai
Sep 5, 2021 05:58 PM
Domestic fuel rates have been cut by up to 15 paise across the country. In Delhi, petrol and diesel prices stand at Rs. 101.19 per litre and Rs. 88.62 per litre, respectively

Hyundai's Global Sales Down By 7.6 Per Cent In August 2021
Sep 4, 2021 11:57 PM
Hyundai says the sales were mainly affected due to the COVID-19 resurgence and the disruption of the semiconductor supply chain.

Volvo's Global Sales Down By 10% In August
Sep 4, 2021 10:50 PM
In the first eight months of the year, the company sold 483,426 cars globally, up 26.1 per cent compared with the same period last year.

Valvoline Cummins Launches New Upskilling Initiatives For Two-Wheeler And Truck Mechanics
Sep 4, 2021 10:19 PM
Under these initiatives, Valvoline plans to add more than 3000 two-wheeler and heavy-duty truck workshops across India in the next 3-5 years.

CV Sales August 2021: Ashok Leyland Registers 48 Per Cent Y-o-Y Growth
Sep 4, 2021 07:44 PM
Ashok Leyland, which sold a total of 9,360 units in August 2021, has registered a growth of 48 per cent last month, compared to the 6,325 vehicles sold in August 2020.

NASA Begins Testing Electric Air Taxi
Sep 4, 2021 05:43 PM
It is the first time that NASA has carried out a test on an eVTOL aircraft as part of its Advanced Air Mobility (AAM) National Campaign. The test will continue till Friday, September 10, at Joby's Electric Flight Base located near Big Sur, California.

Daimler India Commercial Vehicles Appoints Manish Thakore As Its New Chief Financial Officer
Sep 4, 2021 05:38 PM
Daimler Indian Commercial Vehicles (DICV) has announced appointing Manish Thakore as the company's new Chief Financial Officer (CFO). Thakore has replaced Leonardo Piccinini as the CFO of DICV, and he is now also a part of the company's Executive Board.

India Revamps Incentives For Autos To Boost EVs, Hydrogen Fuel Cells: Report
Sep 4, 2021 03:47 PM
The move to clean technologies comes as Tesla Inc is gearing up to enter India and is lobbying for lower import duties on electric cars.

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